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Happy Friday afternoon, Friends! I hope that your week has gone well and that you are looking forward to the next few weeks - presumably with some holiday celebrations…
One indication that our local housing market isn't quite as overheated as it used to be is that we are starting to see sellers making price adjustments. For a few years…
Yesterday I took a look at a very small data set (homes going under contract the week prior) and noticed that new homes were selling very quickly and resale homes were…
First disclaimer -- the graph above is based on a very small sample size -- I'm just looking at the homes that have gone under contract in the past week. Second…
Generally speaking, folks don't use their outdoor hose spigots in the winter. I suppose you might use it from time to time, but it's just not as fun to wash your car in…
The median sales price of city townhouses has increased from $220,000 last year to $235,000 this year. The graph above shows the median sales price in several of…
Over the past week (15) home buyers in Harrisonburg and Rockingham County signed contracts to purchase (15) homes. What did they contract to buy? You can review the…
For most of 2020, 2021 and 2022, nearly every listing went under contract quickly - often with multiple offers. During that time, feedback on showings was collected, but…
The numbers above might surprise you given that the median days on the market in 2023 is a mere six days. But that median of six days on the market is related to homes…
Happy Monday, Friends! Before we get to the real estate news...can we just start by saying... Go Dukes!?! JMU has been on a roll over the past few weeks and months in…
The median sales price in Harrisonburg and Rockingham County has risen 10% over the past year. That's an increase from $292,000 to $322,750. As such, it really does not…
For a few years now, just about every new listing was going under contract in a matter of days, regardless of the time of year it was listed for sale. Big house, small…
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